Former LA Fitness

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30634603
Property Subtypes: Free-Standing Building, Mixed Use, Movie Theatre, Retail-Pad
Status: Pending
Building Size (RSF): 50,400 SF
Gross Building Area: See Agent
Gross Land Area: 3.93 Acres
Sale Price: See Agent
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/12/2020

Overview / Comments

This freestanding, single-tenant property is centrally located in the Newburg neighborhood on the south side of the city of Louisville. It is a 5-minute drive to the ramps at I-65, then only 1-minute further to I-264 and a 15-minute drive time reaches all the way to neighborhoods like Old Louisville and Hillview. The immediate area surrounding 6013 Preston Highway includes over 59,000 residents in over 24,000 households and sees over 52,000 daily employees within a 3-mile radius. Preston Highway itself is a major artery through the area and sees over 21,000 cars daily that have direct exposure to this building, including bus lines 18 and 45X with the Preston @ Post TARC station at the entrance to this property. The site has two points of ingress/egress onto Preston Highway, one with a full traffic signal, offering easy access for customers. Directly adjacent is Indian Trail Square retail center with businesses like Ollie’s Outlet, Dollar Tree, and Hibachi Sushi, and within the trade area are brands such as Sam’s Club, Big Lots, and Liquor Barn. This building was formerly the only full-service gym facility within a 2-mile radius and can easily accommodate a similar user. There is ample parking on-site and an opportunity for both pylon and building signage with excellent visibility. The rear of the building also includes yard space and two loading docks with paved access.

Attachments & Media

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 062304160000
Zoning: C-2 - Commercial District
Property Visibility: Excellent
Largest Nearby Street: Preston Highwway
Feet of Frontage: 422
Traffic/Vehicle Count: 24,000
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1972

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,172 71,958 281,969
Median Age: 34.85 36.97 37.16
Households: 5,484 30,058 119,011

Contact

Photograph of Listing Agent

Justin R Phelps

Hogan Real Estate KCREA Member
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